by Research Reports | Oct 18, 2020
The EIA in its monthly Drilling Productivity Report (DPR) on Tuesday analyzed production trends into November. According to the latest report, the November 2020 crude oil production and natural gas production in DPR regions is expected to decrease by...
by Research Reports | Oct 16, 2020
Yesterday prices moved higher and stayed higher with cooler weather in the short-term and a lower than expected storage injection. The EIA reported a +46 Bcf being injected for week ending Oct 9th, while most analysts were expecting +51 Bcf. This indicates a...
by Research Reports | Oct 15, 2020
In yesterday’s update from the BSEE, it was reported that 18% or 486 MMcf/d of production remained shut-in in the Gulf of Mexico as of 1pm CDT. Today’s pipeline nomination data suggests that more of that shut-in volume has returned. The return of offshore and...
by Research Reports | Oct 14, 2020
Our estimate for tomorrow’s storage report is a +51 Bcf injection for the lower 48. This would take storage levels to 3882 Bcf. The current Bloomberg survey is +57 Bcf. Looking at some of the storage facilities that report on a weekly basis, we see...
by Research Reports | Oct 13, 2020
Gulf of Mexico operators returning to work after Hurricane Delta. BSEE estimates in yesterday’s report that about 69.4% of the current oil production and 47.1% of the natural gas production in the Gulf have been shut-in. This equates to 1.28 mmbbl/d of oil and 1.276...
